The more tickets you hold, the bigger your part of the pool will be
What is the Reward Pool?
After a Coin/Token is listed in the Reward Pool, users will have 24 hours to get tickets and hold them for 15 days to receive the reward.
Users need to access the Reward Pool and transfer 10 BCNX from their personal wallet on the Bcnex exchange to the Reward Pool for getting 1 ticket.
Users only have 24 hours from the date the Coin/Token is listed on the Reward Pool to claim tickets. Users can transfer BCNX out of the Reward Pool to their wallet whenever they want but they will lose the corresponding tickets which they own.
The more BCNX users own in the Reward Pool, the more tickets they have. After holding them for 15 days, the reward (token) and BCNX will be automatically distributed to the user's wallet. Users can check the status of the transfers on the Reward Pool page.
The number of rewards received by the user = (Total Reward/Total number of tickets of all users)*Number of user’s tickets.
A user can claim up a maximum of tickets per project.
Total Reward: 10,000 Tokens
Total number of tickets for all users: 1,000 Tickets
Number of tickets users own: 10 Tickets
Number of reward users will get = (10,000/1,000)*10 = 100 Tokens
We reserve the right to change the terms and conditions of the Reward Pool program at any given time due to market conditions, risk of fraud, and other relevant factors.